I want to take a long-term bet on Canon. They’ve invented some Lithography tech that could theoretically compete with ASML. With the race for AI and microchips in general I don’t understand why their stock price is trading lower than in 2020. What am I missing?
Canon is listed on the Tokyo stock exchange. I can find ADR and OTC versions of Canon in the USA but I’m not familiar with these things. What are the risks? Does it create more tax complexity? Is there a better way to invest in Canon from the USA? – Like an index fund they’re a big part of?
